63 S 7th St, Newark, NJ 07107
Local realty services provided by:ERA Suburb Realty Agency
63 S 7th St,Newark City, NJ 07107
$799,000
- 10 Beds
- 5 Baths
- 3,475 sq. ft.
- Multi-family
- Active
Listed by: brittany ray
Office: exp realty, llc.866-201-6210
MLS#:4058191
Source:NJ_GSMLS
Price summary
- Price:$799,000
- Price per sq. ft.:$229.93
About this home
Beautifully renovated three-family residence offering approximately 3,475 square feet of living space in Newark's West Side section, featuring a projected 9.3% cap rate an excellent opportunity for investors seeking strong rental income and return potential. Annual property taxes are approximately $7,438. Hardwood floors and modern kitchens with stainless steel appliances throughout. First floor: Three bedrooms, living room, bonus room, kitchen and one full bath. Full walkout basement: Rec room, sitting area and full bath, with private access from the rear of the home. Second floor: Three bedrooms, living room, kitchen and two full baths. Third floor: Three bedrooms, living room, kitchen and one full bath. Five full baths in total. Separate utilities allow for streamlined expense management. A shared driveway leads to a detached three-car garage, an exceptional feature rarely found in the area. Ideal for investors or owner-occupants looking to live in one unit while renting the others. Conveniently located near The Ironbound, schools, public transportation, shopping and major highways, with easy access to downtown Newark and NYC. Down payment assistance, FHA 100% financing and financing with as little as 3.5%-5% down on 2"4 family properties may be available to qualified buyers, subject to lender approval. Schedule your appointment today before this opportunity is gone!...
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Home facts
- Year built:1910
- Listing ID #:4058191
- Added:8 day(s) ago
- Updated:October 19, 2026 at 02:17 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:15
- Basement Description:Basement, Finished-Partially, Full, Walkout
- Living area:3,475 sq. ft.
Heating and cooling
- Cooling:Wall A/C Unit(s)
- Heating:3 Units, Radiators - Hot Water, Radiators - Steam
Structure and exterior
- Roof:Flat
- Year built:1910
- Building area:3,475 sq. ft.
- Lot area:0.06 Acres
- Architectural Style:3-Three Story
- Construction Materials:Vinyl Siding
- Exterior Features:Metal Fence
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$799,000
- Price per sq. ft.:$229.93
- Tax amount:$7,438 (2025)
Features and amenities
- Amenities:Carbon Monoxide Detector, Chandelier, Fire Alarm Sys, Gas-Natural, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors
Parking
- Parking description:Blacktop Driveway, Detached Garage, Driveway-Shared
- Garage spaces:3
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